though short, this post has a lot to say. as the 'power' trader sez', green days bring out the easy cheering, but on days like this few are willing to post. and why is that? have we all become front-runners?
the true strength of a board in this game is how it handles what it sees as adversity. because a red day sounds and looks like money being lost, it is often seen through the lens of hardship. but might i be so impertinent as to ask, what exactly is it that comes easy? and why are posters afraid of down days when a retracement and consolidation phase are on hand. really, people... where are the signs of experience? or the strength of character and the conviction that comes in being confident you made the right choice, regardless of what it is?
fwiw, i don't post often. i either have to have something to say, or its just one of those 'daze' where i have 'thyme' to kill and don't mind making a souffle online. but this past week my brothers -- that's plural -- have all seen the inside of a hospital this week, and keeping tabs on a stock board doesn't have quite the same urgency. though two of the three have been released -- the third, the only one not in the area, he's across the country in Cali, has bigger problems -- and there were follow-up appointments. given the trends in my life, i think i can state with some certainty that i'm not going to be able to post on many days, especially during market hours. but, then, the way i see it, we who come here to bemoan, enjoy, or simply contemplate, are among the most fortunate of people. sure, we're playing with real money. but none of it compares to the issue of health itself.
in any case, i'm a bottom seeking long. i no longer can play with a low six figure account, and low 5 figure holdings are also a thing of the past. but i can sit on a little money and wait patiently on a stock, and, if my entry is as good as i think it is, i will eventually make money. maybe even enough to rent my name from myself. mind you, i'm not naive enough to not realize there's a lot of risk involved in this, but after more than 30years in this game -- i remember pricing being in fractions, and i also remember when .001 was the bottom -- i know who i am. do you know who you are?
just to be clear: are you a long, setting targets and patiently awaiting arrival? or a trader, dumping, repositioning or flipping? knowing who you are and staying true to yourself is a near essential here, because as i would tell anyone, "if you live it, you must accept it."
best of trading fer' ALL
rich
